India’s exports of steel, spanning products in the flats and longs segments, fell by 6% y-o-y in CY’24 to around 7.6 million tonnes (mnt) from over 8 mnt in the preceding calendar year, as per latest data with BigMint. Finished flat steel exports, comprising over 82% of total exports, dropped around 6% y-o-y to 6.3 mnt from around 6.7 mnt in CY’23. Exports of semi-finished products such as billets and slabs stood roughly at 746,000 t compared with 858,000 t in CY’23. However, exports of finished longs remained largely flat at around 580,000 t.
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